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If you or someone you know is headed toward foreclosure, or are already in foreclosure, you need to know your rights and options now. Only then can you save your house… save your credit… and save your equity before it's wiped out forever.
Foreclosure can mean the loss of your home, any equity
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Even though buying a home after a recent foreclosure is
possible, homebuyer should not apply for a mortgage blindly.
Because of your current credit standing, many lenders are ready
to take advantage of you. Your options are limited. Nonetheless,
this does not mean you have to accept a terrible mortgage loan.
Why Does a Foreclosure Occur?
Homes are foreclosed when a homeowner is unable to repay
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In teaching workshops on how to buy foreclosure homes (often listed on a foreclosure auctions report), I often write on the markerboard in big bold letters, "Gain They're Trust to Close More Deals".
The principle of gaining the trust of the homeowner threatened with foreclosure is a deal-maker. If they trust you, they are more likely to accept your offer.
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Latest Macomb County Michigan Foreclosures News
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Sterling Heights foreclosures way down
Sterling Heights City Manager Mark Vanderpool will tell city residents this evening that the economic future of Michigan’s fourth-largest city is looking better but the city still isn’t out of the woods yet.
Tue, 07 Feb 2012 12:36:40 -0800
Carol Cain: Big Four On Jobs, Emergency Managers And Gov. Snyder
It was guarded optimism about adding jobs and uncertainty about an Emergency Manager for Detroit on the minds of the Big Four political leaders during a Detroit Economic Club appearance.
Sun, 22 Jan 2012 11:07:16 -0800
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